Michael McRoberts - Mar 15, 2023 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role
Chief Operating Officer
Signature
/s/ Steven L. Keller, Attorney-in-Michael McRoberts
Stock symbol
RUSHA
Transactions as of
Mar 15, 2023
Transactions value $
-$419,291
Form type
4
Date filed
3/17/2023, 06:25 PM
Previous filing
Mar 14, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHA Class B Common Stock Tax liability -$189K -3.41K -2.41% $55.55 138K Mar 15, 2023 Direct F1, F2
transaction RUSHA Class B Common Stock Tax liability -$230K -4.14K -2.99% $55.55 134K Mar 15, 2023 Direct F2, F3
transaction RUSHA Class B Common Stock Award $0 +30K +22.37% $0.00 164K Mar 15, 2023 Direct F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RUSHA Option (right to buy) Award $0 +10K $0.00 10K Mar 15, 2023 Class A Common Stock 10K $52.56 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares reported are shares not reported to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 15, 2021.
F2 Includes unvested restricted stock and certain shares included in the Company's deferred compensation plan.
F3 Shares reported are shares not reported to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 15, 2022.
F4 Reflects the grant of restricted stock. The restricted stock vests in increments of 1/3 on each of the first, second and third anniversary of the grant date, which is March 15, 2023.
F5 Options may be exercised in increments of 1/3 on each anniversary of the grant date beginning on the third anniversary of the grant date. The grant date is ten years prior to the expiration date.